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Oct 20, 2012
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you would be taxed on that. and as you itemize your returns and you are under the age of 65, for example, your medical expenses have to exceed 10% of your adjusted gross. 7.5%. >> i want to get back to the estate taxes for a second because there are big changes possibly coming. >> big changes, yes. currently estates valued up to 5.2 million are exempt from federal taxes you are in the free and clear there starting in 2013 that exemption great drops to just $1 million. >> that's a big drop. >> that's a big change. and the top rate jumps on transfers above that jumps from 35 to 55%. so, you can get walloped. >> that top tax rate a big problem there. the medicare enrollment. let's jump down to medicare enrollment when you talk about the open enrollment october 15th through december. these drug plans are also going to be an issue. now is time to take a look at current plan to see where you are at here because prescription drugs under these plans going up. the premiums on one of these plans going up by 23%. if ever t
you would be taxed on that. and as you itemize your returns and you are under the age of 65, for example, your medical expenses have to exceed 10% of your adjusted gross. 7.5%. >> i want to get back to the estate taxes for a second because there are big changes possibly coming. >> big changes, yes. currently estates valued up to 5.2 million are exempt from federal taxes you are in the free and clear there starting in 2013 that exemption great drops to just $1 million. >>...
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Feb 25, 2012
02/12
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>>clayton: president obama has a new tax proposal, simplifying the tax code eliminating dozens of tax loopholes. will it save corporations tax or hurt small businesses? >> so, we will ask that question, does this help small business owners? >> not remetly close. what happens, it further gives the uncertainty to the small business owner, and it value dates that the administration has a great handle on big corporations and what they need. that is fabulous because they part of a landscape but what he is missing is 60 percent of job growth comes from small business and it does not address the needs for small business but hurts them. we are saying you do not understand how we function, day-to-day with our own employees, and, heres again, they show they do not have a clue. >>clayton: some republicans are saying this is a good first step and others saying businesses are falling through the lop home -- the loophole cracks. >>guest: first, the fundamental thing toed in -- to understand about small business owners, they are taxed byville tax rate. if you do not do overall reform you did not hel
>>clayton: president obama has a new tax proposal, simplifying the tax code eliminating dozens of tax loopholes. will it save corporations tax or hurt small businesses? >> so, we will ask that question, does this help small business owners? >> not remetly close. what happens, it further gives the uncertainty to the small business owner, and it value dates that the administration has a great handle on big corporations and what they need. that is fabulous because they part of a...
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Oct 6, 2012
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dollar tax cut. >> for 18 months, he has been running on this tax plan. and now, five weeks before the election. is he saying that his big bold idea is never mind. >> bret, how would you handle that, the tax debate? >> well, i thought governor romney really handled it well. he never let the president mischaracterize his tax plan. he, every tame the president tried to say it was a 5 trillion-dollar spending. governor romney went back, corrected the president, and then went back immediately on offense against the president's economic policies. >> of course, the president. >> he handled it exactly the way it should have been handled. >> of course the president didn't want to hear the word solyndra but it was brow up. listen to this. >> you put $90 billion, like 50 years worth of breaks into solar and wind. to solyndra and face cure and tesla and inner one. i have a friend who says you don't just pick the winners and losers, you pick the losers. >> good exchange there. real quickly because we're out of t
dollar tax cut. >> for 18 months, he has been running on this tax plan. and now, five weeks before the election. is he saying that his big bold idea is never mind. >> bret, how would you handle that, the tax debate? >> well, i thought governor romney really handled it well. he never let the president mischaracterize his tax plan. he, every tame the president tried to say it was a 5 trillion-dollar spending. governor romney went back, corrected the president, and then went back...
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Feb 4, 2012
02/12
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and he made a joke that is how he will dodge taxes, he will give it away. have fun at the super bowl. >>dave: enjoy the game. still ahead, remember bringing in cupcakes and doughnuts to school on your birthday? now that could be a anyone -- thing of the past. an elementary school is crackdown. >>alisyn: and we talk with joe montana. there he is. also refreshing pl. could've had a v8. when it comes to vitamins you have questions. what kind should i take? what's the right amount? of course i could tell you. but now theres another place you can go for answers. visit us on your mobile phone at naturemade.com the number one pharmacist recommended letter vitamin brand. >> just shut up. you had me at "hello." >>dave: that was a drag jerry wright doing the jerry mcguire theme with a future hall of famer, and rice wore that wig and before that gonzalez got into it. >>alisyn: it was turning. >>clayton: and a man who knows jerry rice very well, down at the super bowl city with my childhood idol. >> were you embarrassed forgery? >>guest: well, no. >> have you seen him
and he made a joke that is how he will dodge taxes, he will give it away. have fun at the super bowl. >>dave: enjoy the game. still ahead, remember bringing in cupcakes and doughnuts to school on your birthday? now that could be a anyone -- thing of the past. an elementary school is crackdown. >>alisyn: and we talk with joe montana. there he is. also refreshing pl. could've had a v8. when it comes to vitamins you have questions. what kind should i take? what's the right amount? of...
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Dec 1, 2012
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a flat tax will do that. and steve forbes, arthur laugher a number of people are going to be pushing that this week. you will see. that's a fair share. that's what we ought to do. the compromise will be on what we cut. good grief, in the house we cut 11% over the last two years of our own budget. we should be demand and our leadership hasn't done it yet. 11% cut across the board throughout the government. this president is not even talking about it. he is talking about increasing spending. >> do you like the president's -- i'm curious your take on the president's populist argument right now. is he out there on the campaign trail again trying to sell this to the american people. >> that's what he does do. is he campaigner in chief. that's what he does well. >> isn't he looking at those polls showing that the republicans have been beaten down. the polls show if this happens most of the american people would blame the republicans. >> but he has been so abusive as of yesterday. so arrogant in what his demands are
a flat tax will do that. and steve forbes, arthur laugher a number of people are going to be pushing that this week. you will see. that's a fair share. that's what we ought to do. the compromise will be on what we cut. good grief, in the house we cut 11% over the last two years of our own budget. we should be demand and our leadership hasn't done it yet. 11% cut across the board throughout the government. this president is not even talking about it. he is talking about increasing spending....
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Apr 21, 2012
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>>guest: tax-geddon strikes january 1, 2013 a $5 billion one year tax hike. usually tax hikes apply over ten years and $500 billion ten year tax hike is enormous but that is the size of obamacare and this will apply for one year. you put it on a 10-year scale it would be off the charts. >>clayton: we hear they for the wealths and, and they will be put but that is not just the case, right? >>guest: right, well, if tax-geddon hits we will go back into a recession and unemployment will be higher but the direct cost is 70 percent for middle and low income because the bush tax cuts expire were for low income, and the a.t.m. patch which from hitting a.t.m. families and that will expire. >>peter: what will it cost the average american? >>guest: the average household see as tax increase of $3,800. simply a massive tax hike, it would be 3 percent of the economy taken from the business of the families that earn the income and transferred to washington. >>clayton: and the obama administration would like to extend the bush tax cuts but only for lower and middle income fa
>>guest: tax-geddon strikes january 1, 2013 a $5 billion one year tax hike. usually tax hikes apply over ten years and $500 billion ten year tax hike is enormous but that is the size of obamacare and this will apply for one year. you put it on a 10-year scale it would be off the charts. >>clayton: we hear they for the wealths and, and they will be put but that is not just the case, right? >>guest: right, well, if tax-geddon hits we will go back into a recession and...
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Mar 31, 2012
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tax. >>clayton: $346.5 million after the tax in maryland so you walk away with $307 million. >>dave: i was thinking the best way to play the lottery and we have an expert coming up, and you could have actually bought every single combination and you actually would have made north of $300 million but who has the time and that would take all the parent that the buyer lottery commission. >>clayton: you would buy all the paper. >>dave: but if you were boon pickens and you could buy them all up. >>alisyn: it would cost $176 million to buy every single come by nation but you would still be ahead. >>clayton: dave has been thinking about this all week. >>dave: do you know how many times i have signed up what i will do with the money. >>clayton: we will have a psychologist. here is what you would spend if the entire revenue of all the ticket sales across the country brought in $1.5 billion across 42 states including the virgin islands. >>alisyn: i felt better because the revenue is not just that th
tax. >>clayton: $346.5 million after the tax in maryland so you walk away with $307 million. >>dave: i was thinking the best way to play the lottery and we have an expert coming up, and you could have actually bought every single combination and you actually would have made north of $300 million but who has the time and that would take all the parent that the buyer lottery commission. >>clayton: you would buy all the paper. >>dave: but if you were boon pickens and you...
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Apr 14, 2012
04/12
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i'm a strong advocate of the fair tax that taxes consumption. that doesn't tax productivity. i think we're penalizing productivity and we subsidize reckless, irresponsibility. >> let's talk about where mitt romney was last night at the nra, nra event. in the past, the nra hasn't necessarily embraced mitt romney. >> not so much. >> but he's changing his rhetoric now. >> in fact, let's listen to him. >> ok. >> we need a president that will enforce current laws and not create new ones that only seek to burden lawful gun owners. president obama has not. i will. we need a president who will stand up for the rights of hunters and sportsmen and those who seek to protect their homes and their families. president obama has not. i will. and if we're gonna safeguard our second amendment, it's time to elect a president who will defend the rights president obama ignores or minimizes and i will protect the second amendment rights of american people. >> democrats basically saying, though, that president obama hasn't even talked about guns almost at all. so is that unfair to president obama?
i'm a strong advocate of the fair tax that taxes consumption. that doesn't tax productivity. i think we're penalizing productivity and we subsidize reckless, irresponsibility. >> let's talk about where mitt romney was last night at the nra, nra event. in the past, the nra hasn't necessarily embraced mitt romney. >> not so much. >> but he's changing his rhetoric now. >> in fact, let's listen to him. >> ok. >> we need a president that will enforce current laws...
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Jun 30, 2012
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and walks like a tax, then it must be a tax. right? not according to the white house. more on the continuing debate over the health care law. >> quack, quack, huh? plus a bride-to-be loses her 2 carat engagement ring on a train but thanks to two railroad workers, she'll be smiling as she walks down the aisle. "fox & friends" on this saturday morning, hour number two starts now. >> good morning, everybody. thanks so much for joining us. mike in for the vacationing clayton morris. great so are you back. >> great to be back. >> which side is more comfortable? >> you know, i kind of like your side now that you put your feet on the couch, no. >> we will show you later dave defying gravity at a moment's notice. stick around for that. >> i saw you last sunday. not much going on since last sunday. >> wait a second, there was a major supreme court decision. in fact, they say it's the biggest supreme court decision since bush v. gore and they say it affects the country as much as the new deal. it was obviously a very significant decision
and walks like a tax, then it must be a tax. right? not according to the white house. more on the continuing debate over the health care law. >> quack, quack, huh? plus a bride-to-be loses her 2 carat engagement ring on a train but thanks to two railroad workers, she'll be smiling as she walks down the aisle. "fox & friends" on this saturday morning, hour number two starts now. >> good morning, everybody. thanks so much for joining us. mike in for the vacationing...
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Nov 10, 2012
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in many ways whether it's a state tax, payroll tax. dividends and cap gains. just to maim a -- name a few. >> it would raise the tax rate to almost 37% for people making over 250,000. >> right. for example. over 250,000 for a married couple would go from 33% up to 36%. >> how about those folks in the middle class, from my understanding you are talking about $2,000. even for those people below 250,000? >> it's true. it really is across the board. it's certainly aimed at, you know, this administration has the mentality, it's a pay your fair share mentality. it's a you didn't build that mentality. certainly not favorable to businesses. small business owners are talking about concerns about growth and hiring and expansion that they are not interested in doing. >> nicole i have a question. >> yeah. >> the buffet rule. >> right. >> what is that? >> buffet rule is supposed to be in alternative minimum tax which basically was supposed to say that everybody at a certain -- who makes a certain minimum amount of money and then you go over to the
in many ways whether it's a state tax, payroll tax. dividends and cap gains. just to maim a -- name a few. >> it would raise the tax rate to almost 37% for people making over 250,000. >> right. for example. over 250,000 for a married couple would go from 33% up to 36%. >> how about those folks in the middle class, from my understanding you are talking about $2,000. even for those people below 250,000? >> it's true. it really is across the board. it's certainly aimed at,...
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Jul 7, 2012
07/12
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and their final word is that obama care is a tax. so it's a tax. they decided it was constitutional. so it is a tax and it's constitutional. that's the final word. that's what it is. >> tax and constitutional. that interview came two days after his top advisor also told another network that the governor believed the law was actually a penalty not a tax. so what is it? did the romney campaign just bungle their reaction? >> alisyn: we continue now with governor mike huckabee. what was that? >> it wasn't the best moment because over the weekend after the supreme court decision on thursday, the republicans really knew that they had lost the legal argument. that they had overwhelmingly won the political argument. nothing better to go into the november election that obama raised largest tax in america on the middle class which 75% of t would have been. >> alisyn: between a rock and hard place. if that's a tax then romney care in massachusetts is is a tax. >> dave: not necessarily because a mandate by the states is legal. >> alisyn: thank you, governor. [
and their final word is that obama care is a tax. so it's a tax. they decided it was constitutional. so it is a tax and it's constitutional. that's the final word. that's what it is. >> tax and constitutional. that interview came two days after his top advisor also told another network that the governor believed the law was actually a penalty not a tax. so what is it? did the romney campaign just bungle their reaction? >> alisyn: we continue now with governor mike huckabee. what was...
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Jan 21, 2012
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we are talking about taxes. taxes. >>clayton: but it is the ability to relate. i pay 30 percent something in taxes or 26 percent, but what does it mean when someone said i had speaking fees, $300,000 in speaking fees but i didn't make that much. >>alisyn: newt gingrich believes he has the answer for how he will win today and that is for people to vote. >> i have two appeals to make. one is, that you vote. because the poll doesn't count if the folks don't show up. and the other is, that you talk to your friends and neighbors, if we could unify all the conservatives we will be winning by 47 or 46 and that is a decisive margin that sending a signal and i do not believe we can defeat president obama with a massachusetts moderate. you have to have a solid, conservative, who can make the case for where perk has -- america has to go. >>clayton: what does it mean to be a true conservative or to be a massachusetts moderate? will that resonate with voters in south carolina when they are down the line on the same issues. >>dave: and he likened newt to the fonz in "happy da
we are talking about taxes. taxes. >>clayton: but it is the ability to relate. i pay 30 percent something in taxes or 26 percent, but what does it mean when someone said i had speaking fees, $300,000 in speaking fees but i didn't make that much. >>alisyn: newt gingrich believes he has the answer for how he will win today and that is for people to vote. >> i have two appeals to make. one is, that you vote. because the poll doesn't count if the folks don't show up. and the other...
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Aug 25, 2012
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taxes? we don't know. >> either mitt romney through his own words and his own signature was misrepresenting his position at bain to the sec, which is a felony -- >> this governor romney thinks he can operate under a different set of rules. he has a sense of entitlement. >> those are obviously some of the president's surrogates talking about mitt romney. next guest says the negative rhetoric is dividing the country. editor of commentary magazine and columnist for the "new york post." john, great to see you. >> thank you. >> it's sort of sad to tell you the truth to listen back to the election night of 2008 because this was going to be a post partisan president or at least that's what people believed and when he said he was going to heal the divide. people believed that they were excited for that that night. >> if he had managed to put the country on a sound economic footing and if we were in the middle of a very serious recovery, i'm sure the president would be running a unifying re-election
taxes? we don't know. >> either mitt romney through his own words and his own signature was misrepresenting his position at bain to the sec, which is a felony -- >> this governor romney thinks he can operate under a different set of rules. he has a sense of entitlement. >> those are obviously some of the president's surrogates talking about mitt romney. next guest says the negative rhetoric is dividing the country. editor of commentary magazine and columnist for the "new...
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Jan 28, 2012
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pass clean energy tax credits. create the jobs. >>alisyn: that was the president during the "state of the union" address but the g.o.p. hopefuls have a different take on oil and gas. >> gasoline prices have gone up and he says do not build a key step pipeline. all you can boy a gallon for a silver dime, a silver dime is worth $3.50, it is all about inflation. >> our guest says get ready for more pain at the pump predicting we could see gas prices at $5 a gallon by november. how does that affect the election? the founder of citizens for affordable energy, and former president of shell oil. you see $5 glass in our future. why? >>guest: will with, i hope i am wrong. but when i look at what is out there and look at the demand versus the supply, and you think about the fact this country is not producing enough of its own domestic energy we saw prices sky roberting the last four years and we are not doing anything to take care of our own domestic supply requirements and i blame the washington, i blame the republicans and i blame the dome
pass clean energy tax credits. create the jobs. >>alisyn: that was the president during the "state of the union" address but the g.o.p. hopefuls have a different take on oil and gas. >> gasoline prices have gone up and he says do not build a key step pipeline. all you can boy a gallon for a silver dime, a silver dime is worth $3.50, it is all about inflation. >> our guest says get ready for more pain at the pump predicting we could see gas prices at $5 a gallon by...
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Jun 23, 2012
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taxes. >> right. these are all great points but what the president fails to understand is that the policies in europe of cutting, they've been cutting wasteful programs. the president here has been spending on wasteful programs. what mitt romney is looking to do under his leadership and under his administration is promote less regulations so businesses can stay in america. i mean, he's talking about, mitt romney he's outsourcing pioneer. now, outsourcing jobs obviously has been happening because the president has been making it difficult for companies to operate. regulation. >> regulation, piles and piles of paperwork but i guess the larger argument, though, the president is making. you're going to hear this on the campaign trail is the idea that top down doesn't work. trickle down economics of the reagan era are over. what do you say to that? >> if you look at the reagan era, he created more jobs over that type of economics. in the last four years, we have not created jobs. the manufacturing index ju
taxes. >> right. these are all great points but what the president fails to understand is that the policies in europe of cutting, they've been cutting wasteful programs. the president here has been spending on wasteful programs. what mitt romney is looking to do under his leadership and under his administration is promote less regulations so businesses can stay in america. i mean, he's talking about, mitt romney he's outsourcing pioneer. now, outsourcing jobs obviously has been happening...
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Nov 17, 2012
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federal tax code is broken. and both sides recognize the importance of close egregious tax loopholes that pick winners and losers. tax reform that eliminates wasteful tax preferences to generate revenue will help bring fairness and efficiency to our tax system. >> alisyn: research from the nonpartisan tax policy center shows the president's math may be off. our next guest is here to crunch the numbers from us. thomas freidman from the editorial board. the president said the math tends not to work with just closing loopholes and limiting deductions. but, if we were to do that you say the math actually does add up. >> a lot of independent analysts have said the math does work. and tax policy center, i think you were being kind. they are kind of on the left. have you had people of all stripes crunching these numbers ever since mitt romney said let's cap deductions and the answer is the money is there if is he willing to abandon this kind of liberal orthodoxy that you have to raise tax rates. >> bring in 749 billion
federal tax code is broken. and both sides recognize the importance of close egregious tax loopholes that pick winners and losers. tax reform that eliminates wasteful tax preferences to generate revenue will help bring fairness and efficiency to our tax system. >> alisyn: research from the nonpartisan tax policy center shows the president's math may be off. our next guest is here to crunch the numbers from us. thomas freidman from the editorial board. the president said the math tends not...
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Mar 10, 2012
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it's tax time. that's what smells. while your taxes may be due in a month. what if we told you billions of dollars in available tax funds may be going to illegal aliens, not only is it true? our tax code allows for it. here is shed light is news editor, katie, nice to see you this morning. >> great to see you, too. >> explain this to me. what is going on here? >> essentially, the way this works, is in the united states, if you're not-- there are a lot of people not authorized to work here, illegal aliens and work visas, and foreign investors. what the irs does, they still require you, even if you're not authorized to work in the united states to file a tax return, so they give you an individual taxpayer identification number. what that enables is illegal aliens to file a return whether they're paying income taxes or not and receive what's called the child taxpayer refund. instead of paying taxes in the system irs is allowing them to gain a tax refund although they're not surprised to work in the united states and they're also not authorized to really even in
it's tax time. that's what smells. while your taxes may be due in a month. what if we told you billions of dollars in available tax funds may be going to illegal aliens, not only is it true? our tax code allows for it. here is shed light is news editor, katie, nice to see you this morning. >> great to see you, too. >> explain this to me. what is going on here? >> essentially, the way this works, is in the united states, if you're not-- there are a lot of people not authorized...
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Sep 29, 2012
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next, 75%, that's the any tax break -- tax rate for the rich in france. new budget aimed at reducing the country's deficit. $1,000 is how much this rare penny worth. first one made at the san francisco mint in 1909 with the designer's initials on it. >> friends get to keep 25% of their income. >> they are a generous people, aren't they? >> millions of americans facing foreclosure struggling to stay in heir homes and protect their assets. >> fox news legal analyst bob massey helping homeowners by answering their questions. is he hosting our rebuilding your dreams tour in treasure island, florida. >> bob, gorng. >> aly, clayton and dave we are here in treasure island, florida. rebuilding your dreams. people here answering questions. covering things from modifications to short sales to foreclosures to asset protection and great response. people who love america. who love watching fox news and "fox & "fox & friends." what we're going to do now is take a few questions and try to help some of our audience members that are here. sir come up here. what is your na
next, 75%, that's the any tax break -- tax rate for the rich in france. new budget aimed at reducing the country's deficit. $1,000 is how much this rare penny worth. first one made at the san francisco mint in 1909 with the designer's initials on it. >> friends get to keep 25% of their income. >> they are a generous people, aren't they? >> millions of americans facing foreclosure struggling to stay in heir homes and protect their assets. >> fox news legal analyst bob...
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Feb 11, 2012
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this tax cut is common sense. >>alisyn: and the deliver rather of the g.o.p. address says president obama needs to focus on the 2013 budget proposal which he was supposed to submit last week. all each day hard working taxpayers, families and business owners, balance their budgets on time without excuse. they live if their means by setting priorities and making tough choices. they want and deserve a smaller and smarter government. >>alisyn: the president will release the budget plan on monday. and the movie "red tails," is about the tuskegee airmen but that message was lost. the dallas, texas school board took 6,000 students to see the movie, just the males, telling the girls they had to stay in class saying the girls would not enjoy the movie. and many parents are up and air and an original tuskegee airmen is calling that decision "ridiculous," and skim -- discriminatory. >>alisyn: what happened if they left the guys back for "sex and the city." >>clayton: parents who have written to the city. >>dave: i would have written them a check. the president makes big
this tax cut is common sense. >>alisyn: and the deliver rather of the g.o.p. address says president obama needs to focus on the 2013 budget proposal which he was supposed to submit last week. all each day hard working taxpayers, families and business owners, balance their budgets on time without excuse. they live if their means by setting priorities and making tough choices. they want and deserve a smaller and smarter government. >>alisyn: the president will release the budget plan...
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Sep 8, 2012
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>> if you go back and look at the 1986 tax. one of the big success for tax policies. governor romney studied it and what happened democratic leaders and republic leaders, ronald reagan bill bradley and dan, they got in a room and they just looked at all the things that were making the tax bales narrow and negotiated which things that they were going to take away or limit in order to get lower tax rates. they got the marginal tax rate all the way down to 28%. i think that's the process that governor romney wants to pursue. president obama is all about making excuses. you know, oh, gosh, the economy would be great except that the republicans are making it so i can't do anything. if you go back and look successful presidents like ronald reagan and even bill clinton they worked with the guys on the other side. what governor romney doesn't want to do is put lines on the sand tricky political issues he is committed to passing next year. >> romney talked about allot about working with the other side in his speech. the president did not. >> right. >> will mitt romney work wit
>> if you go back and look at the 1986 tax. one of the big success for tax policies. governor romney studied it and what happened democratic leaders and republic leaders, ronald reagan bill bradley and dan, they got in a room and they just looked at all the things that were making the tax bales narrow and negotiated which things that they were going to take away or limit in order to get lower tax rates. they got the marginal tax rate all the way down to 28%. i think that's the process...
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Aug 11, 2012
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his tax returns. does at that time least lift us to discussing policy in the direction of this country and the economy? >> it could assuming that mitt romney's campaign is going to decide what to believe. mitt romney hasn't been that clear on economic policies. he has laid out high level issues. it's become this back and forth about the personal stuff. if he allows paul ryan to get on national television and get out there and say here is what i believe in detail then that can change the debate don't say this or. this keep it light. i think we have something like we have right now. >> one reason the discourse is elevated the respect a lot of democrats have for paul ryan, including the president. i think he has a lot of respect for paul ryan. he spoke with joe says stack a former democratic congressman. clearly a lot of respect for the house budget committee chair. listen. i think it's a good pick for both campaigns, actually. because maybe it might get us, at least temporarily away from the negative ap
his tax returns. does at that time least lift us to discussing policy in the direction of this country and the economy? >> it could assuming that mitt romney's campaign is going to decide what to believe. mitt romney hasn't been that clear on economic policies. he has laid out high level issues. it's become this back and forth about the personal stuff. if he allows paul ryan to get on national television and get out there and say here is what i believe in detail then that can change the...
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Oct 13, 2012
10/12
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the end of the year, we are facing what could be the mother of all tax hikes because all those bush tax rates you allude to, not just for the wealthy, everybody, they all expire at the stroke of midnight on the new year. when we have hundred of millions of spending cut that kick in. so if they do it will to stop that, we are looking at something that the most optimistic economist estimate will slice a full percentage point off the gross domestic product. considering that's the amount we're growing, one full percentage point that could throw us back to recession. the killer here in the city nothing is being done about it. both sides waiting to see the outcome of the election. you think about it, after that, you have more than seven weeks to get your proverbial fiscal act together. the two sides extremely far apart. likelihood of something bad happening unless a miracle happens is pretty good. >> here is an example of what will happen if the tax cuts expire. tax increase for families between $412 to $14,000 for those making $400,000 and above. elec on the minds of the politicians. are you
the end of the year, we are facing what could be the mother of all tax hikes because all those bush tax rates you allude to, not just for the wealthy, everybody, they all expire at the stroke of midnight on the new year. when we have hundred of millions of spending cut that kick in. so if they do it will to stop that, we are looking at something that the most optimistic economist estimate will slice a full percentage point off the gross domestic product. considering that's the amount we're...
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Mar 24, 2012
03/12
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was this auto push worth your tax dollars? >> plus the president taking credit for the keystone xl pipeline. >> and i am directing the administration to cut through the red tape, break through the bureaucratic hurdles and make this project a priority. >>dave: part of the keystone xl pipeline. but as the president taking credit for something he had nothing to do with? we report. you decide. >>clayton: and calling on d list celebrities. you can dial them on the phone. but it will cost you. you don't want to miss that. "fox & friends" hour two starts right now. >> this is "fox & friends", one of my favorite shows, i am former mayor giuliani. >>dave: good morning, everyone, nicole is here this morning. a couple of people would like to see some tweeting. is nicole on twitter? >>nicole: i have not done that. >>dave: i thought you register add twitter. >>clayton: we will see you get on twitter. and we have someone from "dukes of hazard," bo duke. he is coming up in 20 minutes. >>dave: but, first, we start with another snag for the vo
was this auto push worth your tax dollars? >> plus the president taking credit for the keystone xl pipeline. >> and i am directing the administration to cut through the red tape, break through the bureaucratic hurdles and make this project a priority. >>dave: part of the keystone xl pipeline. but as the president taking credit for something he had nothing to do with? we report. you decide. >>clayton: and calling on d list celebrities. you can dial them on the phone. but...
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May 12, 2012
05/12
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it will save him a fortune in taxes it does not have a capital gains tax. he became a citizen in 1998. >> right before facebook goes public. he will make millions upon millions and millions of dollars by not being a u.s. citizen. >> from class to class he spread smiles across the class. take a look. >> who is that? [ laughter ] >> i saw my dad and i was so happy. >> sergeant first class dustin fredis finally back in boston with his six children and his wife. he says the last six months overseas. >> the moment when a dad or a husband comes home, it's overwhelming, you can't even put it to words. that's why i wanted to do it individually instead of surprising them all together so they have that moment by themselves. >> it's so sweet. the family does not have any big plans over the next two weeks just to enjoy each other before their dad has to go back to afghanistan. >> those are your headlines. >> let's check in with rick reichmuth. that's the same way when we reunited with rick. after he has been away. wrapped up the big fellow. >> dave came up and give me
it will save him a fortune in taxes it does not have a capital gains tax. he became a citizen in 1998. >> right before facebook goes public. he will make millions upon millions and millions of dollars by not being a u.s. citizen. >> from class to class he spread smiles across the class. take a look. >> who is that? [ laughter ] >> i saw my dad and i was so happy. >> sergeant first class dustin fredis finally back in boston with his six children and his wife. he...
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Nov 24, 2012
11/12
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raise taxes on anybody, and so, now president obama is saying we're going to raise the taxes on the rich and he won't sign any bill that doesn't have a tax increase on the rich, so, the two parties are still at logger heads. i personally think given the still fragility of this economic recovery, the economy still isn't sputtering on one cylinder now, and high unemployment. it doesn't make sense to me to raise taxes on businesses or investors. that's where we stand right now. i don't see an agreement anytime really soon because the two sides are still so far apart. >> i'm a betting man, steven, would you imagine that the house republicans would give on raising rates for the wealthy? they certainly have to acknowledge that the tax-- the bush tax cuts for those making less than 250 have to be extended, that has to happen. >> that's right, that's right. >> dave: what about the top 2%? what about happen in your best guest? >> what john boehner said, and i interviewed mitch mcconnell the house minority leader in the senate on this and basically their position right now is we will agree he
raise taxes on anybody, and so, now president obama is saying we're going to raise the taxes on the rich and he won't sign any bill that doesn't have a tax increase on the rich, so, the two parties are still at logger heads. i personally think given the still fragility of this economic recovery, the economy still isn't sputtering on one cylinder now, and high unemployment. it doesn't make sense to me to raise taxes on businesses or investors. that's where we stand right now. i don't see an...
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Sep 22, 2012
09/12
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in taxes. the obamas had charitable donations of more than $172,000. that's about 22% of their income. there is a scare in the sky for ann romney yesterday. her plane was forced to make a dramatic emergency landing in colorado after smoke filled the cabin. >> firefighters rushing the plane as soon as it landed to deal with the smoke. plane was headed from los angeles to omaha. ann romney and nine others on board all okay. mitt romney spoke to his wife as soon as she was safely on the ground. >> they collected welfare even though they lived in this $1.2 million water front home in seattle. they will will spend 18 months behind bars for fraud. silverstein must pay $30,000 criminal fine. the couple also have to pay 16,000ness restitution. those are your headlines. >> not necessarily a welfare. >> that's no shack. >> check in with rick reichmuth with a look first alert forecast fall day. >> fall and cold. check out these temperatures. this is going to be tonight across parts of the northern plains.
in taxes. the obamas had charitable donations of more than $172,000. that's about 22% of their income. there is a scare in the sky for ann romney yesterday. her plane was forced to make a dramatic emergency landing in colorado after smoke filled the cabin. >> firefighters rushing the plane as soon as it landed to deal with the smoke. plane was headed from los angeles to omaha. ann romney and nine others on board all okay. mitt romney spoke to his wife as soon as she was safely on the...
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Dec 29, 2012
12/12
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estate taxes. >> juliet: yeah. >> there are payroll tax issues. there's a whole host of alternative minimum tax that are important to small business owners. i have a lot of family business owners where the estate tax is very important to them. >> juliet: all right. bob russell, we appreciate you joining us today. it's obviously something that we all will be watching intently here at fox news channel. happy new year. all righty, coming up from the ice ages, punishment f, and banning bibles, the culture wars making news in 2012. we'll be right back. ♪ bye-bye miss american pie ♪ ♪ drove my chevy to the levee, but the levee was dry ♪ ♪ you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ >> and welcome back. as 2012 comes to a close, let's take a look at part two of some of the most important culture stories, clicked on the most on foxnews.com. >> dave: and fox radio correspondent here with a recap. todd, we remember the ice ages, essentially punished for doi
estate taxes. >> juliet: yeah. >> there are payroll tax issues. there's a whole host of alternative minimum tax that are important to small business owners. i have a lot of family business owners where the estate tax is very important to them. >> juliet: all right. bob russell, we appreciate you joining us today. it's obviously something that we all will be watching intently here at fox news channel. happy new year. all righty, coming up from the ice ages, punishment f, and...
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Dec 22, 2012
12/12
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i don't want to see taxes go up on anyone. i do think if we raise these tax rates on capital gains on businesses i do think it will hurt the economy. my goodness we have got to get this thing resolved. the truth is they are not really that far apart. i will make a prediction to you this morning. i think before december 31st or maybe on december 31st they are going to get this deal done. the ramifications of not doing it are so drastic drawsk for our economy. >> if history is any indication they do wait for the 11th hour and somehow they do it. you heard it hear first. stephen moore will have you back on after new year's eve. >> alisyn, you are going to be intight on january 1st. you will have the story first. it might go to 11:00 p.m. on new year's eve before they get this done. >> probably. >> we'll have something to talk about on new year's. stephan, thanks. >> see you guys. merry christmas. >> speak of the holidays and travel and everyone trying to plan their flights and car trips. how is it looking out there. >> not that b
i don't want to see taxes go up on anyone. i do think if we raise these tax rates on capital gains on businesses i do think it will hurt the economy. my goodness we have got to get this thing resolved. the truth is they are not really that far apart. i will make a prediction to you this morning. i think before december 31st or maybe on december 31st they are going to get this deal done. the ramifications of not doing it are so drastic drawsk for our economy. >> if history is any...